NEW YORK — More drops for superstar artificial-intelligence stocks knocked Wall Street off its record heights on Friday.

The S&P 500 fell 1.1 percent from its all-time high for its worst day in three weeks. The weakness for tech stocks yanked the Nasdaq composite down by a market-leading 1.7 percent, and the Dow Jones Industrial Average gave back 245 points, or 0.5 percent, after setting its own record the day before.

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Broadcom dragged the market lower and tumbled 11.4 percent even though the chip company reported a stronger profit for the latest quarter than analysts expected. Analysts called the performance solid, and CEO Hock Tan said strong 74 percent growth in AI semiconductor revenue helped lead the way.

But investors may have been concerned with some of Bro

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